XRP analyst projects $17 target for 2027 after fresh accumulation phase

XRP could be entering a new period of diagonal accumulation, with potential for a significant price increase over the coming years, according to crypto analyst Egrag Crypto. His recent analysis suggests the cryptocurrency may eventually reach $17 in 2027, $27 in 2029, and $48 by 2031, although he emphasized that these are speculative milestones based on chart structure and historical patterns. Egrag Crypto has examined XRP’s performance on the monthly timeframe, identifying what he terms the “VHD theory.” This approach divides XRP’s behavior into three separate accumulation stages before major price advances: vertical, horizontal, and diagonal.

Source: CoinTurk News